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    Us-90 Lake City, FL 32055

    For Sale
    $2,028,000

    10 Acres, High & Dry, Prime Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 10.14-acre commercial land parcel presents a remarkable investment opportunity in Lake City, Florida. Strategically located on US-90, this property boasts approximately 800 feet of high-visibility frontage, ensuring maximum exposure for any commercial venture. The elevated terrain guarantees a high and dry site, eliminating concerns about flooding or drainage issues. Situated on the desirable western side of Lake City, this location offers easy access to major transportation routes and a thriving local market. The expansive lot size provides ample space for a variety of development possibilities, making it ideal for investors seeking significant returns or owner-operators looking to establish a new business. The property's prime location and substantial size make it a rare find in the competitive Lake City commercial real estate market. This is a chance to acquire a highly visible and versatile property with significant potential for growth and profitability. The address is US-90, Lake City, FL 32055, within Duval County. The asking price is $2,028,000. This property is zoned for commercial use. Further due diligence is recommended to confirm zoning and development possibilities.

    Property Features for 0 Us-90

    General Information

    Property type
    Land
    Lot Size
    441,698 SF

    HighLights

    • 10.14‑acre commercial land parcel in Lake City, FL.
    • Asking price: $2,028,000.
    • Located on US‑90 with approximately 800 feet of frontage.
    • High and dry lot, ideal for investors or owner‑operators.
    • Situated in Duval County, FL, zip code 32055.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Lake City
    County
    Duval
    State
    Florida
    Longitude
    -82.605118
    Latitude
    30.2730727

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    FAQs

    What type of property is this?
    Land - 10 Acres, High & Dry, Prime Location
    Where is this land located?
    The property is located at Us-90 Lake City, FL.
    What is the asking price?
    The asking price for this property is $2,028,000.
    What are key features of this property?
    This property features: 10.14-acre commercial land parcel in Lake City, FL.; Asking price: $2,028,000.; Located on US-90 with approximately 800 feet of frontage.
    (386) 397-3002
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Us-90 Lake City, FL 32055
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